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Ontario Mortgage Rates
 
 
Great Rates Update

In this issue
  • Current Rates
  • Featured Product  100% Advance Mtg.
  • How do you get the best rate?
  •  
    We specialize in making it easier to get a better mortgage

     

    In addition to the lowest Ontario Mortgage Rates, we offer a level of specialized knowledge and service that far surpasses what you've come to expect from your own bank. We will recomment mortgages from a variety of different sources. We shop every available lender to make sure you get the most attractive rate and features. And best of all, our professional advise and assistance is free(2)

    Current Rates

     

     


    Effective August 27, 2008 

     

    Term
    Don't Pay Bank 
    Posted Rate(1)
    Mortgage Intelligence's
      Great Rates(2)
     
    Payment
    Factor(3) 

    ARM Standard

    Discounted Rate

    prime of 4.75%

    - 60% below   

    or 4.15%  

     $5.34

    ARM

    Teaser Rate

    Initial three

    month rate 

    2.24%  
     $4.35
    ARM
    Teaser Rate
    Initial six
    month rate
    3.00%  
    $4.73
    6 month
    6.35%
    6.20%  
    $6.52
    1 year
    6.35%
    5.10%  
    $5.74
    2 year
    6.55%
    5.50%  
    $6.10
    3 year
    6.70%
    5.50%  
    $6.10
    4 year
    6.69%
    5.55%  
    $6.13
         5 year      6.85%  5.14%(4) $5.89
     5 year  6.85% 5.25%(5) $5.96 
    5 year 6.85%   5.30%(6)$5.99
     7 year
    7.30%
    5.80%  
    $6.28
    10 year
    7.65%
    5.90%  
    $6.34
    100%
    Financing
    No Down Payment
    5 yrs - 5.55%
    $6.13

      

    (1) Market rate is the posted rate offered by the majority of Canadian financial institutions (2) O.A.C. - On Approved Credit. Certain conditions may apply. Rates subject to borrower, property qualification & change without notice. E&OE.
    (3) Payment factor per $1,000

    (4) High Ratio No Frills Mortgage click here for details closing on or before October 01, 2008

    (5) High Ratio Mortgages closing within 45 days

    (6) High Ratio Mortgages closing on or before November 30, 2008